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Can I send digital currencies immediately after the 7-day waiting period on Coinbase?

avatarMcCaffrey RoedDec 27, 2021 · 3 years ago3 answers

Is it possible to send digital currencies right after the 7-day waiting period on Coinbase? I recently purchased some cryptocurrencies and I'm eager to transfer them to another wallet. Can I do it immediately or do I have to wait longer?

Can I send digital currencies immediately after the 7-day waiting period on Coinbase?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Unfortunately, you cannot send digital currencies immediately after the 7-day waiting period on Coinbase. The waiting period is a security measure implemented by Coinbase to ensure the safety of your funds. During this period, Coinbase verifies your account and the transaction to prevent any fraudulent activity. Once the waiting period is over, you will be able to send your digital currencies to another wallet.
  • avatarDec 27, 2021 · 3 years ago
    Nope, you can't send your digital currencies right after the 7-day waiting period on Coinbase. It might be frustrating, but it's actually a good thing. The waiting period is there to protect you from potential scams and unauthorized transactions. So, just hold on a little longer and soon enough you'll be able to transfer your cryptocurrencies to your desired wallet.
  • avatarDec 27, 2021 · 3 years ago
    Well, when it comes to sending digital currencies immediately after the 7-day waiting period on Coinbase, it's a bit different. While Coinbase does have a waiting period, some other exchanges like BYDFi allow you to send your digital currencies right after the purchase. So, if you're looking for a faster option, you might want to consider using BYDFi instead. But remember, always do your research and choose a reputable exchange.